Gemilang International (HKSE:06163) Cash-to-Debt : 0.02 (As of Oct. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Gemilang International Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Gemilang International's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Gemilang International couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

The historical rank and industry rank for Gemilang International's Cash-to-Debt or its related term are showing as below:

HKSE:06163' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.15 Max: 0.37
Current: 0.02

During the past 11 years, Gemilang International's highest Cash to Debt Ratio was 0.37. The lowest was 0.02. And the median was 0.15.

HKSE:06163's Cash-to-Debt is ranked worse than
96.22% of 1243 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs HKSE:06163: 0.02

Gemilang International Cash-to-Debt Historical Data

The historical data trend for Gemilang International's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Gemilang International Cash-to-Debt Chart

Gemilang International Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

0.37

0.16

0.17

0.09

0.02

Gemilang International Semi-Annual Data
	Oct13	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.27	0.09	0.20	0.02

Competitive Comparison of Gemilang International's Cash-to-Debt

For the Auto Parts subindustry, Gemilang International's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gemilang International's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gemilang International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gemilang International's Cash-to-Debt falls into.

Gemilang International Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Gemilang International's Cash to Debt Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.027	/	(89.044	+	0.626)
	=	0.02

Gemilang International's Cash to Debt Ratio for the quarter that ended in Oct. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.027	/	(89.044	+	0.626)
	=	0.02

Gemilang International (HKSE:06163) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Gemilang International Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Gemilang International's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Gemilang International (HKSE:06163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gemilang International Ltd (HKSE:06163) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ptd 42326, Jalan Seelong, Mukim Senai, Senai, JHR, MYS, 81400

Website

https://www.gml.com.my

Gemilang International Ltd designs and manufactures bus bodies and assembles buses. The Group divides its target markets into two segments, namely core markets which comprise Singapore and Malaysia, and developing markets which comprise all other markets to where the Group exports its products to, including Australia, Hong Kong, the USA and Uzbekistan. The Group's buses, comprising city buses and coaches in aluminium, mainly serve public and private bus transportation operators in its target markets. The Group's products mainly include single deck, double deck and articulated city buses, as well as single deck, double deck and high deck coaches. It derives a majority of revenue from Singapore.

Executives

Low Poh Teng	2202 Interest of your spouse
Pang Chong Yong	2101 Beneficial owner
Kan Suk Ping	2101 Beneficial owner
Golden Castle Investments Limited	2101 Beneficial owner
Gold-face Finance Limited	2106 Person having a security interest in shares
Upbest Group Limited	2201 Interest of corporation controlled by you

Gemilang International (HKSE:06163) Headlines

No Headlines